Coordination Mechanisms for the Two-Echelon Newsvendor Model with Rapidly Responsive and Strategic Consumers
Aiming at the two-echelon newsvendor problem in which the market demand of commodities is random both in normal sales period and in liquidation period, this paper studies the pricing and ordering decision of retailers by using rational expectation equilibrium under the condition of considering consu...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2021-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2021/5578752 |